U.S. stock market update: Boxlight down 35.99%

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2025.09.23 14:07
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Boxlight fell 35.99%; Apple fell 0.11%, with a transaction volume of USD 3.025 billion; IonQ rose 0.03%, with a transaction volume of USD 975 million; Quantum Computing fell 0.37%, with a transaction volume of USD 270 million; Dell Technologies-C rose 0.25%, with a market value of USD 91.5 billion

U.S. Stock Market Midday Update

Boxlight fell 35.99%. According to recent key news:

  1. On September 23, Boxlight announced the issuance of 1.333 million shares of common stock at a price of $3.00 per share, with total proceeds of approximately $4 million. This news led to a significant drop in stock price.

  2. On September 23, Boxlight's stock price fell 25.36% in pre-market trading to $3.56. The company plans to use the net proceeds from this issuance for working capital and debt reduction.

  3. On September 23, Boxlight's stock price soared over 500% due to enthusiasm from retail investors, but subsequently fell sharply due to a lack of substantial business development. The education technology sector has been highly volatile recently.

Top Stocks by Industry Trading Volume

Apple fell 0.11% with increased trading volume. According to recent important news:

  1. On September 22, Wedbush Securities raised its target price for Apple to $310 due to strong demand for the iPhone 17 series, causing Apple's stock price to rise by 3.2%. Analysts noted that iPhone 17 sales are expected to grow by 10%-15% year-on-year, driving the stock price up.

  2. On September 23, demand for the iPhone 17 in the Chinese market was strong, with government subsidy policies boosting sales. Analysts expect Apple's services business to benefit from this in the medium to long term.

  3. On September 23, Apple announced a 30%-40% increase in production of the standard iPhone 17 to meet market demand, further supporting the stock price. The consumer electronics sector is performing strongly, with robust demand for the iPhone 17.

IonQ rose 0.03%, with a trading volume of $975 million. According to recent key news:

  1. On September 22, IonQ announced the successful implementation of a photonic frequency conversion prototype, a breakthrough that supports long-distance interconnection of quantum computers through existing fiber optic infrastructure, driving the stock price up.

  2. On September 23, IonQ's stock price rose 3.38% due to technological breakthroughs and expectations of government support, but the RSI indicates it is approaching the overbought zone, which may lead to a pullback.

  3. On September 20, IonQ acquired Vector Atomic in an all-stock transaction, enhancing its dominance in the quantum computing field. The quantum computing industry is supported by policies and is highly volatile.

Top Stocks by Industry Market Capitalization

Dell Technologies-C rose 0.25%. According to recent important news:

  1. On September 22, President Trump stated that Dell Technologies CEO Michael Dell would participate in the investment agreement to acquire TikTok's U.S. assets. This news boosted market expectations for Dell Technologies, resulting in a rise in stock price.

  2. On September 22, Dell Technologies launched a new high-end business laptop, the Dell Pro 13 Plus Ryzen AI version, which received positive market feedback, further enhancing the company's competitiveness in the high-end market On September 20th, short interest in Dell Technologies decreased by 4.01%, indicating increased market confidence in its future performance, driving the stock price up. The demand for AI servers is growing, and the market outlook is optimistic